Bitcoin price (BTCUSD) traded with clear positivity yesterday to succeed achieving our first waited target at 68050.00$, noticing that the price surpassed this level and settled above it, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, reminding you that our next target is located at 70000.00$.

Moving above the EMA50 supports the expected rise, noting that breaking 66920.00$ will stop the bullish wave and push the price to test the critical support at 65485.00$.

The expected trading range for today is between 67000.00$ support and 70000.00$ resistance.

Trend forecast: Bullish

The NZDUSD price faces difficulty to continue the rise, to decline again and start pressing on the key support 0.6000$, which hints heading to resume the bearish track, and we prefer to stay aside until the price confirms its situation according to the mentioned level followed by detecting its next destination clearly.

Note that continuing the decline and breaking the mentioned support will push the price to achieve negative targets that reach 0.5915$, while consolidating above it will lead the price to build bullish wave that targets 0.6070$ areas mainly.

The expected trading range for today is between 0.5940$ support and 0.6040$ resistance

Trend forecast: Neutral

The AUDUSD price returns to decline to test the key support 0.6620$ again, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the positive scenario active, which its first main target located at 0.6697$.

On the other hand, we should note that breaking 0.6620$ will stop the bullish trend and push the price to achieve new negative levels that reach 0.6575$ followed by 0.6500$.

The expected trading range for today is between 0.6580$ support and 0.6690$ resistance

Trend forecast: Bullish

Brent oil price faced strong negative pressure yesterday to break 75.36$ level and settle below it again, to head towards achieving expected decline in the upcoming sessions, its targets being at 73.90$ and extend to 72.06$ after breaking the previous level.

Therefore, the bearish bias will be suggested for today, supported by the negative pressure formed by the EMA50, noting that breaching 75.36$ will stop the expected decline and push the price to start new recovery attempts.

The expected trading range for today is between 73.00$ support and 76.00$ resistance.

Trend forecast: Bearish